Aditya Infotech’s Rs 15,000 million share offering allots equity to multiple institutional buyers
<p>Aditya Infotech Limited announced that its QIP Committee approved the allotment of 4,326,507 equity shares to eligible qualified institutional buyers at an issue price of Rs 3,467 per share, raising approximately Rs 15,000 million. The company's paid-up equity share capital increased from Rs 118,300,435 to Rs 122,626,942 following the allotment, and a list of allottees holding more than 5% of the shares is attached as Annexure A, which includes Aditya Birla Sun Life Mutual Fund, Kotak Mahindra Trustee Co Ltd, ICICI Prudential Mutual Fund, Axis Mutual Fund Trustee Limited, HSBC Mutual Fund, Blackrock Global Funds India Fund, HDFC Life Insurance Company Limited, Invesco India Focused Fund, and Employees Provident Fund Board.</p>